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SPONSORED EPISODE: Rethinking vehicle-protection plans for today’s wide inventory mix with GWC Warranty
Used-car inventory on dealer lots nowadays can range from older, higher-mileage vehicles to EVs, lifted trucks, and modified vehicles. The result is dealers are also having to change the vehicle-protection conversations with customers. In this special sponsored episode of the ... Listen Here
Recapping credit scores & other trends in auto finance with Shams Blanc of FICO
Shams Blanc, head of auto scores at FICO, made another appearance on the Auto Remarketing Podcast to elaborate more about the fall edition of the FICO Score Credit Insights report. Along with recapping what’s going on in auto finance, Blanc ... Listen Here
SPONSORED EPISODE: Greenville Auto Auction Celebrates 16 Years—A look back and a look ahead
On this sponsored episode of the Auto Remarketing Podcast, Bill Zadeits visits with Billy Willis and Kevin Stallings of Greenville Auto Auction. The auction celebrates 16 years in early September, and the guys talk about the history of the sale, ... Listen Here

Agora Data secures SOC 2 Compliance Certification

Chad Stilwell for web
BHPH Report Staff
Agora Data recently received a compliance certification with the American Institute of Certified Public Accountants (AICPA’s) System and Organization Controls (SOC) 2. According to a news release, Agora Data’s SOC 2 Type II standard for information security was certified by ... [Read More]

Bankruptcies start 2023 on the rise

bankruptcy january 2023 for web
BHPH Report Staff
Bankruptcy new filings were up year-over-year across Chapter 7, 11, 13, and 15 in January, according to data provided by Epiq Bankruptcy. However, one expert said long-term trends remain “inconclusive.” Total U.S. bankruptcy filings in January came in at … [Read More]

Survey: 40% of dealers unhappy with vehicle photo vendor

Worker polishing car
BHPH Report Staff
If a picture is worth 1,000 words, perhaps dealers might use that many to describe the state of their vehicle images used to highlight their inventory. Dealer Image Pro, a leader in professional photo, video and 360-degree software for automotive ... [Read More]

Brotherton returns to NIADA to moderate 20 groups

David Brotherton with logo for web
BHPH Report Staff
Coinciding with the National Independent Automobile Dealers Association and Buckeye Dealership Consulting announcing an integration of the NIADA 20 Groups with Buckeye’s Dealer Performance Groups, NIADA is welcoming back one of its previous moderators. According to another announcement from NIADA, ... [Read More]

Cox Automotive promotes 3 execs to fill key roles at NextGear Capital

nextgear execs for web
BHPH Report Staff
NextGear Capital closed the opening month of the new year by announcing the promotion of three individuals from Cox Automotive to fill key roles on its client-facing team. The moves are aimed strengthen its partnerships and further its commitment to ... [Read More]

NIADA & Buckeye merging 20 groups

news pic_156
BHPH Report Staff
Immediately after the National Automobile Dealer Association wrapped up NADA Show 2023, the National Independent Automobile Dealers Association made a major move.   On Monday morning, NIADA and Buckeye Dealership Consulting announced an integration of the NIADA 20 Groups with ... [Read More]

Former California dealer sentenced to more than 4 years in federal prison for bank fraud

news pic
BHPH Report Staff
This example shows how a former independent dealer was the perpetrator of a fraud scheme, rather than a victim. A news release from the U.S. Attorney’s Office for the Eastern District of California indicated Scott Radtke, of Clovis, Calif., was ... [Read More]

10 tips for independent dealers to thrive in 2023

top 10
BHPH Report Staff
Cox Automotive acknowledged that by nearly every measure, 2022 was a difficult year for independent dealers, who were challenged by historically low vehicle inventories, high prices and the ongoing risk of an economic recession. With predicting the year ahead will ... [Read More]

Individual Chapter 13 bankruptcy filings make ‘substantial’ jump in 2022

2022 bankruptcy chart for web
BHPH Report Staff
If they haven’t already, buy-here, pay-here dealerships might be seeing more applicants arriving with an active bankruptcy on their credit file. According to data provided by Epiq Bankruptcy, individual Chapter 13 bankruptcy filings in 2022 increased 32% to 149,072 from ... [Read More]

5 findings from TransUnion’s analysis of child support payments & delinquency

Revisiting topic of partial payments
BHPH Report Staff
Oftentimes, what buy-here, pay-here operators and their related finance company underwriters check when considering an applicant is their child support status and if they’ve maintained those payments. A new TransUnion public sector analysis shed new light on how those child ... [Read More]

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